Ethereum Price Rebounds Above $4K, Bull Flag Targets $8,000 Next

Bull Flag Formation Fuels Ethereum Price $8K Target

Ethereum has maintained significant support following a correction last week. This indicates that traders and institutions remain optimistic. Importantly, the inflows of ETFs have increased due to macroeconomic insecurity, yet ETH has remained strong within the range of $3,900-$4,000, suggesting that the market is gaining confidence. Analyst projections and technical indicators show that Ethereum is preparing to begin a new rally.

Recovery Builds Above $3,900 Support

After a sharp pullback, Ethereum price landed on a solid base at the level of $3,900-3,950, where it has repeatedly found a demand base. This stabilization is met by traders re-evaluating positions before the Federal Reserve's policy cues. As noted by analyst Ted, the previous sell-off was driven by pre-FOMC risk-off sentiment, as traders secured profits amid macro uncertainty.

ETHUSD 1D CHART | SOURCE: X

As of today, ETH is trading close to $4,017, with resistance levels at $4,236 and $4,265. A clear breakout above these levels could lead to $4,700-$4,800, a strong historical supply zone. A fall below the $3,950 mark would, however, initiate a downturn towards the range of $3,815 or even $3,550. Nevertheless, recurring bounces off the support are a clear sign that smart money is still piling up, and the overall bullish bias remains in place.

Technicals Point to Upside Potential

Additionally, analyst Don pointed out a positive continuation trend with a bull flag pattern forming following a major rally. ETH price recently broke out of the long-term downtrend that had constrained its price since the last highs of the cycle, signifying a transition into a bullish phase.

Moreover, the next upward leg is depicted by the flag pattern, which is preceded by Ethereum price consolidation. A breakout above the upper limit of the flag would push ETH price towards the target zone $8,000, with the support of both technical forecasts and investor interest. 

ETHUSD 1D CHART | SOURCE: X

In addition, momentum favors ETH's continued upward trend if it retains the $3,750-3,800 support. This would signal the beginning of a macro bull cycle supported by increasing institutional support.

ETF Inflows Reinforce Institutional Confidence

To further the bullish bias, Ethereum-based ETFs posted a net inflow of $246 million on October 28, 2025, signifying the strongest active day in weeks. BlackRock's ETHA ETF led with $76.4 million, followed by Fidelity's FETH and VanEck's ETHV, which collectively contribute to renewed institutional demand.

SOURCE: X

These types of broad-based inflows come before price strength, suggesting confidence in the long-term fundamentals of the crypto is rising. Such investments could be used to hold Ethereum price above the support range of $3,900-$4,000 and lead the next rally to $4,200-$4,500.

As technical arrangements align and ETF inflows surge, Ethereum price is on the verge of a breakout, which could define the subsequent bull run.